New York-based blockchain startup Axoni has raised $18m in a new funding.
The Series A round was led by Wells Fargo and Euclid Opportunities, a fintech investment firm owned by financial services company ICAP. Goldman Sachs, JP Morgan, Thomson Reuters, Andreessen Horowitz, Digital Currency Group, FinTech Collective and F-Prime Capital Partners also took part in the round.
“We are delighted to support Axoni in the next phase of their development,” C. Thomas Richardson, who leads Wells Fargo Securities’ Market Structure and Electronic Trading Services unit, said in a statement.
The round is the latest development in a flurry of venture activity in the space in recent weeks.
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Axoni.
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